InsurTech is extending its reach into every corner of insurance, reducing friction costs, expanding use of internal and external data, introducing new risk covers, and improving the all-important customer experience. New entrants – armed with advanced technologies and innovative approaches…
Brokerages looking to expand should be prepared to invest in technology and think differently, but innovation does not necessarily require a huge investment, speakers suggested Monday during InsurTechTO. “Know what you want to be and how you want to get…
It is still “early days” for most insurers in Canada when it comes to employing artificial intelligence (AI), but exploration and use of the techniques is accelerating very quickly, Greg McCutcheon suggested Monday during InsurTechTO in downtown Toronto. “I would…
As technology disrupts insurance providers and companies in other industries, understanding what customers want is critical, speakers suggested Monday at InsurTechTO. “What I find most challenging about the customer side is, sometimes they know what they want and sometimes they…
Try to distill all of the lessons and insights imparted by speakers at the inaugural InsurTechTO conference into a single prescription, and you might get this: Technological change is everywhere in the insurance industry, and you’d better do way, way…
Insurance-Canada.ca, the leading provider of high-quality events focused on the use of technology in property & casualty insurance in Canada, is pleased to announce InsurTechTO, the first event of its kind, putting the spotlight on InsurTech in Toronto. With the…
Toronto, ON (Aug. 30, 2017) – Insurance-Canada.ca, the leading provider of high-quality events focused on the use of technology in property & casualty insurance in Canada, is pleased to announce InsurTechTO, the first event of its kind, putting the spotlight…
Once hyped as a potential dogfight, the anticipated competition between the insurance industry
and insurtechs has turned out to be a
cozy affair. How did that happen?
Clients in Saskatchewan, Manitoba and Atlantic Canada who rent out their homes like hotels will soon get coverage options through an insurtech partnership involving Slice Labs. The Co-operators Group Ltd. announced Tuesday that Duuo is expanding to more provinces. Duuo…
More Insurtech products – in addition to coverage for overnight home rentals – could be coming down the pipe from the recently-launched Duuo, a speaker with Slice Labs Inc. reports. Coverage for homeowners listing their place on sites like Airbnb…
Before deciding whether to buy the latest and greatest technologies, a broker need to understand what problem that technology is actually going to solve, speakers said during a recent technology conference. “A lot of people are trying to sprinkle insurtech…
The holy grail for brokers, of having their computers talk directly to carriers’ computers, is “going to happen,” an InsurTechTO speaker suggested Wednesday. “The big area of inefficiency is still duplicate entry,” Michael Loeters, senior vice president of commercial insurance…